Tag: MBS

U.S. Accelerates Three-Tier Plan To Reduce Oil Prices

Tina Marie (Ms. Cat)

U.S. President Biden has three key strategies in place to lower oil prices.

– The first and foremost strategy is the implementation of the NOPEC bill.

– The second pillar of the plan is to release more crude from the U.S. SPR.

– The third element of the plan to bring oil prices down is to be a concerted effort to encourage U.S. oil firms, shale or otherwise, to increase their production.

U.S. Accelerates Three-Tier Plan To Reduce Oil Prices

Saudi Arabia and Russia sign up to closer ties with 20 new deals

Tina Marie (Ms. Cat)

JEDDAH: Saudi Energy Minister Prince Abdul Aziz bin Salman announced on Monday the signing of 20 agreements with Russia during the Saudi-Russian Energy Partnership meeting as part of Russian President Vladimir Putin’s visit to the Kingdom. During the signing ceremony of the new agreements, which took place in the presence of King Salman and Putin, the energy minister stressed
— Read on www.arabnews.com/node/1569046/saudi-arabia